Wall Street analysts expect that Aqua Metals, Inc. (NASDAQ:AQMS) will report earnings per share of ($0.29) for the current quarter, Zacks reports. Two analysts have provided estimates for Aqua Metals’ earnings. The lowest EPS estimate is ($0.29) and the highest is ($0.28). Aqua Metals posted earnings of ($0.30) per share in the same quarter last year, which indicates a positive year over year growth rate of 3.3%. The business is expected to issue its next earnings report on Tuesday, February 13th.

According to Zacks, analysts expect that Aqua Metals will report full year earnings of ($1.22) per share for the current year, with EPS estimates ranging from ($1.28) to ($1.15). For the next year, analysts forecast that the business will report earnings of ($0.79) per share, with EPS estimates ranging from ($0.95) to ($0.63). Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Aqua Metals.

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Aqua Metals (NASDAQ:AQMS) last posted its quarterly earnings results on Thursday, November 9th. The business services provider reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.04). The company had revenue of $0.59 million for the quarter, compared to the consensus estimate of $0.65 million.

A number of research firms recently weighed in on AQMS. HC Wainwright reiterated a “buy” rating and issued a $25.00 price objective on shares of Aqua Metals in a research note on Monday, August 14th. ValuEngine lowered shares of Aqua Metals from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Zacks Investment Research lowered shares of Aqua Metals from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. Finally, Oppenheimer reiterated a “buy” rating and issued a $34.00 price objective on shares of Aqua Metals in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $28.60.

Aqua Metals (NASDAQ:AQMS) traded down $0.17 during trading on Thursday, reaching $2.63. 288,330 shares of the company were exchanged, compared to its average volume of 329,633. Aqua Metals has a fifty-two week low of $2.58 and a fifty-two week high of $22.75. The company has a quick ratio of 3.77, a current ratio of 4.01 and a debt-to-equity ratio of 0.19.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new position in shares of Aqua Metals during the 3rd quarter valued at $215,000. Robecosam AG grew its position in shares of Aqua Metals by 10.8% during the 3rd quarter. Robecosam AG now owns 470,000 shares of the business services provider’s stock valued at $3,361,000 after purchasing an additional 46,000 shares in the last quarter. Frontier Capital Management Co. LLC grew its position in shares of Aqua Metals by 15.8% during the 3rd quarter. Frontier Capital Management Co. LLC now owns 1,253,897 shares of the business services provider’s stock valued at $8,589,000 after purchasing an additional 171,305 shares in the last quarter. Leisure Capital Management purchased a new position in shares of Aqua Metals during the 3rd quarter valued at $371,000. Finally, AWM Investment Company Inc. grew its position in shares of Aqua Metals by 11.1% during the 2nd quarter. AWM Investment Company Inc. now owns 1,460,637 shares of the business services provider’s stock valued at $18,331,000 after purchasing an additional 145,480 shares in the last quarter. Hedge funds and other institutional investors own 39.05% of the company’s stock.

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Aqua Metals Company Profile

Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.